Question

22.X and Y are partners sharing profits and losses. As per the partnership deed, Z is entitled to a commission of 10% on net profit after charging such commission. Net profit before charging commission is ₹2,20,000. Find out commission payable to Z.​

Answer 1

Answer:

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Explanation:

22.X and Y are partners sharing profits and losses. As per the partnership deed, Z is entitled to a commission of 10% on net profit after charging such commission. Net profit before charging commission is ₹2,20,000. Find out commission payable to Z.